Posts

• May 14, 2020

  Corporate Bond Purchase Program

  The Corporate Bond Purchase Program (CBPP) supports the liquidity and proper functioning of the corporate debt market, by purchasing bonds through a tender process in the secondary market.
• May 14, 2020

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Credit and credit aggregates, Financial markets, Financial stability, Financial system regulation and policies, Recent economic and financial developments
• May 14, 2020

  Financial System Review Summary—2020

  

  Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence L. Schembri, Paul Beaudry, Toni Gravelle

  This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery.

  Content Type(s): Publications, Financial Stability Report
• May 14, 2020

  Financial System Review—2020

  

  This issue of the Financial System Review focuses on the impact of COVID 19. The pandemic presents an unprecedented shock to the Canadian economy. This report identifies the effects on the Canadian financial system and explains how recent actions by the Bank and other policy-makers are helping to manage them. It further describes how a resilient financial system can help households and businesses smooth the effects of the COVID-19 shock and prepare for a robust recovery.

  Content Type(s): Publications, Financial Stability Report
• May 13, 2020

  CFIF Meeting (May 13, 2020)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
• May 13, 2020

  Liquidity Conditions in Canadian Fixed-Income Markets During Covid-19 - May 13, 2020

  Liquidity Conditions in Canadian Fixed-Income Markets During Covid-19
• May 11, 2020

  The Bank of Canada launches application period for 2020 scholarship awards

  The application period is open until August 1. These awards are designed to assist students with disabilities, Indigenous students and those who identify as a member of a visible minority group in furthering their education.

  Content Type(s): Press, Announcements

• Endogenous Time Variation in Vector Autoregressions

  Staff Working Paper 2020-16 Danilo Leiva-Leon, Luis Uzeda

  We introduce a new class of time-varying parameter vector autoregressions (TVP-VARs) where the identified structural innovations are allowed to influence — contemporaneously and with a lag — the dynamics of the intercept and autoregressive coefficients in these models.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods, Inflation and prices, Monetary policy transmission JEL Code(s): C, C1, C11, C3, C32, E, E3, E31, E5, E52

• Is Central Bank Currency Fundamental to the Monetary System?

  Staff Discussion Paper 2020-2 Hanna Armelius, Carl Andreas Claussen, Scott Hendry

  In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Bank notes, Digital currencies and fintech, Financial services, Payment clearing and settlement systems JEL Code(s): E, E4, E41, E42, E5
• May 6, 2020

  Annual Report 2019

  

  The Annual Report outlines the Bank’s activities and achievements in 2019. It includes the financial statements and a message from Governor Stephen S. Poloz.

  Content Type(s): Publications, Annual Report